What is the legal process of transferring property rights called?

The legal process of transferring property rights is correctly referred to as "Transfer of Ownership." This term encompasses the actions and documentation required to change the legal ownership of property from one party to another. It is essential in real estate and other types of transactions, as it signifies that the new party now holds the legal rights associated with that property, including the right to use, lease, or sell it.

While "Title Transfer" is also a term often used in property law, it specifically refers to the process of legally documenting the change in ownership, typically involving the transfer of the title deed. The phrase "Transfer of Ownership" is broader and captures the entire legal scope of transferring rights rather than just the title documentation.

"Conditional Transfer" implies that the transfer is subject to certain conditions that must be fulfilled, which is not the primary focus when discussing the general legal process of transferring property rights. "Performance of Sale" relates to the execution of a sale agreement but does not directly address the overall concept of ownership transfer. Therefore, "Transfer of Ownership" is the most accurate choice, as it encapsulates the comprehensive legal action taken to transfer property rights.